define rent-seeking and show how it is related to elasticity​

Answers

Answer 1

Answer:

What Is Rent Seeking?

Rent seeking (or rent-seeking) is an economic concept that occurs when an entity seeks to gain added wealth without any reciprocal contribution of productivity. Typically, it revolves around government-funded social services and social service programs.

Key takeaways

Rent seeking is an economic concept that occurs when an entity seeks to gain wealth without any reciprocal contribution of productivity.The term rent in rent seeking is based on the economic definition of “rent,” which is defined as economic wealth obtained through shrewd or potentially manipulative use of resources.An example of rent seeking is when a company lobbies the government for grants, subsidies, or tariff protection.Rent seeking comes in many forms from lobbying or donating funds.For example, if you donate money but write it off on your taxes, it could be considered a form of rent seeking.

 


Related Questions

A useful clue about an organization's culture is

Answers

Answer:

Who is Hired and Fired

Explanation:

If this helped, please give brainliest answer! thanks!

A life-cycle fund holds assets designed to meet the needs of individuals who Group of answer choices will need funds for college costs in 2030 will retire at a particular age believes a recession is eminent plans to retire in 2050

Answers

It should be noted that life-cycle fund holds assets designed to meet the needs of the owner that want to retire at a particular age.

Life-cycle funds can be regarded as an asset-allocation funds, whereby there an adjustment is been done on share of each asset class as the retirement date of the owner is getting closer.

In this case, the percentage of bonds as well as the other fixed-income investments of the owner usually goes up.

Therefore, life-cycle fund is been referred to as assets so that some needs of the owner that is going to retire at a particular age.

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HELP

When a consumer is making more money, the demand curve shifts to the right. Why is this?

Answers

The demand curve shifts to the right because the consumer is able to afford larger quantities of the product. I believe the answer is C.

Question 56 of 75. Louise is a 29-year-old taxpayer who will use the head of household filing status. Her 2020 modified adjusted gross income is $48,000. During the year, she made a $1,500 contribution to her employer's 401(k) plan. She has never taken a distribution from any retirement plan. The maximum amount Louise may receive for the retirement savings contributions credit (Saver's Credit) is:

Answers

Considering the situation described above, the maximum amount Louise may receive for the retirement savings contributions credit (Saver's Credit) is "$150."

This is because according to the Internal Revenue Service regulations, for individuals filing under the head of household filing status, with an adjusted gross income of $31,876 - $48,750, such person would only be able to receive 10% of his retirement savings contributions credit (Saver's Credit).

Therefore, Louise has only contributed $1,500 to her employer's 401(k) plan. Consequently, she can only receive 10%, which is "$150."

Hence, in this case, it is concluded that the correct answer is "$150."

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Sunland Inc., a real estate developing company, was accounting for its long-term contracts using the completed contract method prior to 2021. In 2021, it changed to the percentage-of-completion method. The company decided to use the same for income tax purposes. The tax rate enacted is 40%. Income before taxes under both the methods for the past three years appears below.
2019 2020 2021
Completed contract $480000 $318000 $156000
Percentage-of-completion 780000 399000 300000
Which of the following will be included in the journal entry made by Sunland to record the income effect?
a. A debit to Retained Earnings for $239400.
b. A credit to Retained Earnings for $228600.
c. A credit to Retained Earnings for $158400.
d. A debit to Retained Earnings for $158400.

Answers

From the computation done, there'll be a debit to retained earnings for 239400.

The retained earnings will be:

= percentage of completion (1 - Tax rate)

Based on the values we've, this will be:

Retained Earnings = 399000 (1 - 40%)

Retained Earnings = = 399000 × 0.6

Retained Earnings = 239400

Therefore, there'll be a debit to retained earnings for 239400.

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Alpha and Beta Companies can borrow for a five-year term at the following rates: Alpha Beta Moody’s credit rating Aa Baa Fixed-rate borrowing cost 10.5% 12.0% Floating-rate borrowing cost LIBOR LIBOR + 1% This time assuming more realistically that a swap bank is involved as an intermediary. Assume the swap bank is quoting five-year dollar interest rate swaps at 10.7% - 10.8% against LIBOR flat. Consequently, Alpha will issue fixed-rate debt at 10.5% and Beta will issue floating rate-debt at LIBOR + 1%. Alpha will receive 10.7% from the swap bank and pay it LIBOR. Beta will pay 10.8% to the swap bank and receive from it LIBOR. If this is done, Alpha’s floating-rate all-in-cost is: 10.5% + LIBOR - 10.7% = LIBOR - .20%, a .20% savings over issuing floating-rate debt on its own. Beta’s fixed-rate all-in-cost is: LIBOR+ 1% + 10.8% - LIBOR = 11.8%, a .20% savings over issuing fixed-rate debt. Is that analysis correct?

Answers

Based on the information given about the LIBOR, it can be deduced that the analysis is correct. Therefore, it's true.

From the information given, the quality spread differential will be calculated thus:

= Differential fixed rate debt - Differential floating rate debt

= (12.0% - 10.5% - 1%)

= 0.5%

In this case, a positive quality spread differential implies that the swap is in favor of both parties.

In conclusion, the analysis that's given is correct.

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Daisy is a director of Extraction Corporation. She opposes an offer to merge Extraction with Fill Inc. because she would lose her board position. Daisy is most likely liable for breach of

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Considering the case about above, Daisy is most likely liable for breach duty of loyalty.

Daisy is been regarded as director of Extraction Corporation, which means she should be loyal to that office by following the protocol in performing tasks.

Duty of loyalty simply implies that individual should be loyal to his or her office by following the ethics of the organization.

Therefore, Daisy breached duty of loyalty because, of her opposition to merge the Extraction.

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What were results of the federal government deregulating the airline industry in 1978, known as the Airline Deregulation Act?
(Select all that apply.)
A- Many small airlines went out of business.
B-Consumers gained better (lower) prices for airfare.
C- Large airlines were able to improve productivity.
D-Many small airlines were able to penetrate the market.

Answers

Answer:

A, B, C

Explanation:

Consumers gained better (lower) prices for airfare.Large airlines were able to improve productivity.Many small airlines went out of business.

The results of the federal government deregulating the airline industry in 1978, known as the Airline Deregulation Act, were Many small airlines went out of business. Consumers gained better (lower) prices for airfare. and Large airlines were able to improve productivity. Option a b c are correct answer.

One of the main impacts of airline deregulation was that it led to increased competition in the industry. This increased competition put financial strain on smaller airlines that were not able to compete effectively with larger, more established carriers. As a result, many small airlines went out of business. Option a b c are correct answer.

Airline deregulation opened up the market to more competition, which ultimately resulted in lower airfare prices for consumers. With increased competition, airlines had to offer more competitive pricing in order to attract customers. This gave consumers more options and the ability to find lower-priced flights. Deregulation allowed large airlines to have more flexibility in terms of their routes, pricing, and operations. This led to improved productivity for these larger carriers, as they were able to optimize their operations, streamline processes, and make decisions that were more responsive to market demands.

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Rachel's Recordings reported net income of $240,000. Beginning balances in Accounts Receivable and Accounts Payable were $19,000 and $22,000 respectively. Ending balances in these accounts were $8,500 and $28,000, respectively. Assuming that all relevant information has been presented, Rachel's net cash flows from operating activities would be: ____________

a. $240,000.
b. $250,500.
c. $256,500.
d. $223,500.

Answers

Based on Rachel's Recording net income and Account Receivables and Payables, the net cash from operating activities must be c. $256,000

When calculating net cash from operating activities:

Increases (decreases) in Accounts Receivables are deducted (added) from the net income Decreases (increases) in Accounts Payable are deducted (added) from net income

The net cash from operating activities will therefore be:

= 240,000 + (19,000 - 8,500) + (28,000 - 22,000)

= 240,000 + 10,500 + 6,000

= $256,500

In conclusion, the net cash from operations is $256,000

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Partners X, Y and Z have capital balances of $80, 000, $180,000 and $60,000 respectively. Immediately prior to liquidation. Total remaining assets have a book value of $320,000 and assume liabilities have been paid. There is one remaining asset with a fair market value of $70,000. All three partners agree to share profit and loss equally. Z wishes to take the asset with him and start a new business and would accept $70,000 in cash; the remaining partners agree this would be fair. How much cash in addition to the asset would first be distributed to Z before any of the other partners receive anything? a. $100,000 b. $240,000 c. $30,000 d. $50,000

Answers

The cash distributed to Partner Z before the other partners is $60,000.

Data and Calculations:

Book value of assets = $320,000

Fair value of asset = $70,000

                                                     X              Y                Z             Total

Capital balances                $80,000   $180,000  $60,000    $320,000

Total assets available for distribution                                     $390,000

Assets assumed by Z                                          ($70,000)     ($70,000)

Balance                                                                                    $320,000

Distribution to partners  $80,000   $180,00   $60,000    $320,000

Cash distribution to partners depends on the cash realized from the assets.

Thus, the cash distributed to Partner Z before the other partners is $60,000.

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3 true statements about recording journal entries in Quickbooks

Answers

Answer:

Explanation:

Journal entries allow you to correct inaccurate information in your accounting records or add transactions that you cannot add in other sections of the software, such as tax adjustments or depreciation expenses.

What are the 3 golden rules?

Golden Rules of Accounting

Debit the receiver, credit the giver.

Debit what comes in, credit what goes out.

Debit all expenses and losses and credit all incomes and gains.

Eduardo wants to purchase stock in a company that is headquartered in Australia. Eduardo

Multiple Choice

A. can buy the shares from a broker on a U.S. exchange.

B. cannot legally own the stock of an Australian corporation.

C. will have to place her order through the Sydney Stock Exchange.

D. must obtain an investor visa to complete the purchase.

Answers

The answer is: A - can buy the shares from a broker on a U.S. exchange.

This term considers whether the organization had an operating surplus, broke even,
or operated at a loss.

Answers

Answer:

break even is when an organisation doesn't make profit nor loss.

benefits of public corporations in kenya​

Answers

benefits of public corporations in kenya

Economies of scale.

Easier planning and coordination.

Autonomous set-up.

Protection of public interest.

Quicker decisions.

Raising funds through private sourcing.

Which amendment to a law made it illegal to discriminate based on pregnancy? Which law was amended?

The (Blank) amendment to the (Blank) law made discrimination based on pregnancy illegal.

First one has a list of these three options.
ADA
PDA
ADEA

Second one has a list of these three options.
Title VII
Title I
Title IV

Answers

Answer:

I believe it's "The PDA amendment to the Title VII law made discrimination based on pregnancy illegal"

Explanation:

Kennedy, Inc. reported the following data: Net income $128,451 Depreciation expense 12,655 Loss on disposal of equipment (8,582) Gain on sale of building 20,190 Increase in accounts receivable 9,009 Decrease in accounts payable (3,174) Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method. Use the minus sign to indicate cash outflows, a decrease in cash, cash payments, or any negative adjustments. Kennedy, Inc. Statement of Cash Flow Cash flows from operating activities: $- Select - Adjustments to reconcile net income to net cash flow from operating activities: - Select - - Select - - Select - Changes in current operating assets and liabilities: - Select - - Select - Net cash flow from operating activitiesomPrepare the cash flows from operating activities section of the statement of cash flows using the indirect method. Refer to the list of Amount Descriptions for the exact wording of the answer choices for text entries. Use the minus sign to indicate cash outflows, cash payments, decreases in cash and for any adjustments, if required.
Statement of Cash Flows (partial)
1 Cash flows from operating activities:
2
3 Adjustments to reconcile net income to net cash flow from operating activities:
4
5
6
7 Changes in current operating assets and liabilities:
8
9
10

Answers

Answer:

god help you

Explanation:

to long question, sumerize it Please

What is one major measure of economic growth?

Answers

Answer:

yo mama

Explanation:

yo mama's so ugly, she made a blind kid cry.

Question 4
4-1) Consider any organization you are aware of from work, study, or the
media. How do they manage people? Do people in those organizations
feel important?

Answers

Answer:

save the children they aware a lots of people to save thir child future

Consider a property with NOI of $72,000 and a debt coverage ratio of 1.2 applied to first year NOI. What would be the estimated monthly mortgage payment

Answers

Answer:

$10000 per month

Explanation:

I don't know

You were hired as a consultant to Giambono Company, whose target capital structure is 40% debt, 15% preferred, and 45% common equity. The after-tax cost of debt is 6.00%, the cost of preferred stock is 7.50%, and the cost of retained earnings is 11.50%. The firm will not be issuing any new stock. What is its WACC

Answers

Based on the information given the WACC is 12.75%.

Using this formula

WACC = (Weight of debt ×After-tax cost of debt) + (Weight of preferred ×Cost of preferred) + (Weight of common equity × Cost of common equity)

Let plug in the formula

WACC = (0.40× 0.06) + (0.15×0.075) + (0.45 × 0.115)

WACC=0.024+0.01125+0.05175

WACC =0.1275×100

WACC =12.75%

Inconclusion the WACC is 12.75%.

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Jessie's car broke down, and she needs to borrow money to pay for repairs. She wants to use her car as collateral for a short-term loan. This type of loan is called a ____.

A. title loan
B. line of credit
C. mortgage
D. payday loan

Answers

Jessie wants to use her car as collateral for a short-term loan. This type of loan is called a title loan.

What is title loan?

Title loan is the loan in which assets are required for the collateral, this loan is very popular because it takes very short span of time to get approvals from the financial institute and credit rating is not considered at the time of giving loan.

Thus, option A is correct.

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Speciality Steel Inc. will manufacture and sell 250,000 units of their product next year. Fixed costs will be $250,000. Variable costs will be 40% of sales. The firm wants to achieve a level of earnings before interest and taxes of $260,000. What selling price per unit is needed to accomplish this

Answers

Based on the amount to be sold and the intended level of earnings, the selling price per unit should be $3.40

The Contribution margin needed is:

= Fixed cost + Required earnings

= 250,000 + 260,000

= $510,000

To get to this amount, the sales should be:

Contribution margin = Sales x ( Selling price - Variable cost)

510,000 = 250,000 × 0.6x

510,000 = 150,000x

x = 510,000 / 150,000

x = $3.40

In conclusion, the selling price is $3.40

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what business you want to stablish in the future ? why ?​

Answers

Answer:

Business I want to stablish in the future is a store.

Explanation:

Because many people buy in a store.

i wanted to become a therapist because i wanted to learn about the mind and how to help people

At the end of the closing process, Income Summary will hold a balance.

a) True
b) False

Answers

Answer:

False. Have a Good day I hope this helps

Explanation:

Pie City Pizza and Pizza Palace are rival restaurants in a small town. Pie City Pizza sets its prices below average variable cost for two years. After the second year, Pizza Palace goes bankrupt and exits the market. In the third year, Pie City Pizza raises prices significantly. Pie City Pizza is practicing ________ pricing. g

Answers

Pie City Pizza is practicing Penetration pricing.

Penetration pricing is a pricing strategy where competitors lower the prices of their goods and services to gain ground in the market. After they have captured, the market base, they increase their prices to make their gain.

This can be applied when the company wants to promote its products. In the case of Pie City Pizza, they adopted the penetration pricing system that captured the customers of their competitors.

When the competitors left the market, they increased their prices.

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makes sure an agenda is sent out before the meeting

Answers

Answer:

Facilitator

Explanation:

Facilitators manage the meeting process.

Hope that helps!

If a process only has random variations, then 95.5% of the time the sample averages will fall within approximately

1 standard deviation of the population mean

2 standard deviation of the population mean

3 standard deviation of the population mean

4 standard deviation of the population mean

Answers

The answer is 3 standard deviation of the population mean

If a stock's closing price for the day is 32.47, the stock's price in U.S. dollars would be

Multiple Choice
$32.47.
$3,247.
$32 plus a $.47 commission.
in between a low of $32 and a high of $47.

Answers

Answer:

$32.47

Explanation:

the closing price is the final price a stock is traded at before market close

True or False: The cost per exposure of most online advertising channels is difficult to account for.

Answers

Answer:

True, I just think this is a true thing due to exposure and costs of ads. And how many businesses go outta business.

"The cost per exposure of most online advertising channels is difficult to account for" is a correct statement. Thus, the statement is true.

What is advertising channels?

An advertising channel is any avenue through which a corporation advertises its products and services or informs the public about a campaign. With the introduction of internet technologies to supplement conventional media advertising, the number of channels accessible to marketers has increased dramatically.

Most online advertising channels have a tough cost per exposure to account for since paper ads do not reach individuals who stay at home, but online ads are everywhere on the internet, so if the individual have a cellphone, they will see it. It is also less expensive because on paper more supplies are required, however online you simply need to understand how to program.

Therefore, it can be concluded that the above statement is true.

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Services from health care to education are provided to people by the government. This is an example of _____.

Answers

Answer:

good governance

Explanation:

because if the is a good government he will ensure that the educational system wont lack health care

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